Asia
Only Hard Times Ahead for Saudi Arabia
The revenue generated by state-owned Saudi oil company Saudi Aramco accounts for up to 80% of the kingdom’s fiscal budget. The company did not hide its losses, and officially reported a decrease of $22.9 billion in net income in 2019, and there have also been serious spending cuts on development, i.e. on maintaining and increasing production. The report...
A Year after the North Korea–United States Hanoi Summit: Expectations for the Next One
Just over a year has gone by since US President Donald Trump met with Chairman of the DPRK State Affairs Commission Kim Jong-un in Hanoi. It was the second North Korean-American summit to be held, following on from the first 2018 North Korea–United States Singapore Summit. Many were surprised that the meeting ended...
Erdogan Attacks EU with Refugees as COVID-19 Hits Turkey
Erdogan’s Idlib war has morphed into a new one with the EU, which he can’t win. Is there a method to his madness? I ask because as soon as things calm down in one place, he picks a fight somewhere else. While he advanced into Idlib with a traditional military invasion force minus the aircover to back up his proxy terrorist forces...
